New BIO Report Profiles States' Life Science Initiatives
The importance states are placing on the biosciences to fuel future economic growth is clearly evident in a monumental study released today at the annual international convention of the Biotechnology Industry Organization (BIO). Laboratories of Innovation: State Bioscience Initiatives 2004 is the most comprehensive analysis ever done to quantify the scope and impact of bioscience employment in all 50 states.
Milken Ranks Regional Biotech, Life Science Clusters
Only a handful of metropolitan areas have the critical mass necessary to ensure sustainability of their local biotech communities, according to America’s Biotech and Life Science Clusters, a new study from the Milken Institute. At the top of the list is San Diego, followed closely by Boston and the Raleigh-Durham-Chapel Hill metro area. Only another nine are in the running, the report contends.
PPI: U.S. Must Adapt, Innovate to Overcome Offshoring Woes
Anxiety over offshoring is an increasingly prevalent issue among Americans and a hot button issue for the upcoming presidential election. With concerns looming from all sectors, it can be difficult to assess which ones hold the most validity. According to a new report from the Progressive Policy Institute (PPI), the real threat to offshoring is it could alter the occupational distribution of the economy and, particularly, squeeze the middle class.
Website, Reports Stress Importance of States' Fuel Cell Incentives
While the federal government supports fuel cell research, nearly every state across the country has taken a more active role in advancing the development and commercialization of fuel cell and renewable energy technologies, according to two recent reports from the North Carolina State University Solar Center. A web-based directory of more than 875 state and federal initiatives managed by the center helps prove that point.
More Women Specializing in Biomedical, Environmental Engineering
Overall retention rates for female engineering graduates has remained steady over the last few years, and according to the latest survey from the American Society for Engineering Education, a significant percentage of women are focusing on the less traditional fields of engineering.
Rural America Grant Commemorates Kellogg Foundation Anniversary
To commemorate its 75th Anniversary, the Kellogg Foundation along with the Corporation for Enterprise Development (CFED) is funding a project to foster entrepreneurship across rural regions of the country.
Tech Talkin' Govs 2006, Part Three
The first two installments of SSTI's annual look at how TBED will play in the 2006 legislative priorities of the governors can be found in the Digest archives on our website: http://www.ssti.org/Digest/digest.htm
Delaware
Congress Gets Three-Part PACE Package to Address U.S. Competitiveness
Innovation and national competitiveness increasingly are capturing the attention of Congress as the 2006 legislative agenda takes shape. The latest addition is a bipartisan package of three bills introduced to address 20 recommendations outlined in Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future, a National Academies of Science report issued last October.
Despite bipartisan support, Massachusetts legislature fails to pass $3.5B econ dev package
On Aug. 1, Massachusetts lawmakers ended their 19-month formal session.
On Aug. 1, Massachusetts lawmakers ended their 19-month formal session. In the flurry of legislation that was passed, the Legislature failed to agree on the governor’s proposed $3.5 billion economic development package (the Mass Leads Act), which featured $2.8 billion in bond authorizations combined with tax credits and considered a top priority for both the administration and legislative leaders.
US Department of Transportation emphasizes a multi-pronged approach to reduce greenhouse gas emissions
The positive impacts of addressing any single priority for reducing greenhouse gas (GHG) emission could be of only marginal benefit without simultaneous efforts along other key priorities, warns the U.S. Department of Transportation (DOT). DOT Report to Congress: Decarbonizing U.S.
Book Notes: Innovation for the Masses: How to Share the Benefits of the High-Tech Economy
Note: This brief quasi-book review/book synopsis is the first item in an experimental new section of SSTI’s newsletter, potentially joining other regular sections such as Useful Stats, Fed/Leg News, State News, Member Updates, and Recent Research. Its periodic continuation after the contributions we present over the summer will depend on feedback from our members and Digest readers. Comments may be shared with skinner @ ssti.org
R&D Spending to Rise in 2006; Inflation to Outpace Fed Support
Total funding for research and development is expected to increase by approximately 2.9 percent to $329 billion in 2006, according to the joint Battelle-R&D Magazine annual forecast. The projected increase, from the estimated $320 billion spent in 2005, covers all R&D expenditures across industry, government and academia.
States moderate FY2025 higher ed support, some propose reforms
This year’s legislative sessions saw a handful of governors and lawmakers proposing noteworthy reforms or other changes to their states’ institutions of higher education—from system overhauls to the expansion of tuition-free community college programs—all in efforts to align their state’s education investments with current and future workforce needs, as well as address future costs under tightening budgets.
Restructuring higher education systems
EDA funds all Tech Hubs designees
Following its announcement of implementation awards to 12 Tech Hubs regions, the U.S. Economic Development Administration made Consortium Accelerator Awards of $500,000 to each of the additional 19 Tech Hubs designated regions.
Following its announcement of implementation awards to 12 Tech Hubs regions, the U.S. Economic Development Administration made Consortium Accelerator Awards of $500,000 to each of the additional 19 Tech Hubs designated regions. This funding should enable regions to continue dedicated efforts to strengthen their strategies and partnerships and to pursue alternative sources of implementation project funding.
National Academy of Sciences president advocates for a national research strategy to coordinate basic research
In a recent State of the Science address, National Academy of Sciences President Marcia McNutt called attention to what she sees as an alarming trend: the federal contribution to basic research is stagnating while industry funding is rising. The federal share of U.S. spending on basic research, she said, was down from about 60% in 2011 to 40% in 2021.
EDA announced $184 million for six Recompete awards
The Distressed Area Recompete Pilot Program, a program authorized by the CHIPS and Science Act, targets areas where the share of prime-age (25-54 years) employment is significantly lower than the national average.
The Distressed Area Recompete Pilot Program, a program authorized by the CHIPS and Science Act, targets areas where the share of prime-age (25-54 years) employment is significantly lower than the national average. The program’s goal, according to a press release from EDA, is “closing this gap through flexible, locally-driven investments.”
EDA has selected six implementation awardees for funding from the 22 Recompete Finalists, with individual award amounts to be finalized in the coming months.
Fresno Must Transform into a Creative Economy or Get Left Behind, Report Says
To survive economically in an innovation-based economy, Fresno needs to foster the creativity of its people and attract others into the population, says a recent report from the Fresno Creative Economy Council. While encouraging creativity to spur innovation and economic growth has captured the attention of cities and regions across the continent, how to accomplish that goal is less clear for many.
Southern Growth Seeks Input on Innovation Survey
Southern Growth Policies Board has launched its 2006 online survey at http://www.southern.org/main/surveyintro.shtml to poll Southern citizens on their attitudes towards innovation and technology, and their role in the economic future of the region.
People
Bill Badger announced he will resign as president and CEO of the Anne Arundel County Economic Development Corp. to take an executive position with M&T Bank.
Czech Republic Making $418M TBED Investment
With its economy already outpacing the average growth for the member states of the Organisation for Economic Co-operation and Development (OECD) for the past five years, the Czech Republic is injecting 348 million euros ($417.6 million US) into several tech-based economic development (TBED) initiatives.
Maine Laptop Program Paying Benefits
When first proposed in 2000, the concept was radical, controversial and expensive. Simply give a wireless laptop to all seventh and eighth grade students and teachers in the entire state of Maine.
Three New Reports Examine Manufacturing Evolution As Restructuring Continues
Plagued by job loss and fierce global competition over recent years, several new reports indicate the manufacturing sector is beginning to see a revival as the industry continues to undergo long-term restructuring. Brief summaries of each report are provided below:
The Value of Statistics for TBED: Part One
SSTI looks at Milken's State Technology & Science Index
EDA to be reauthorized? Senate defense leads add support
The U.S. Economic Development Administration (EDA) could see its first reauthorization since 2004, depending on how the post-election congressional work period progresses. Leaders of the Senate committee that oversees the annual defense bill have agreed to include a proposal to reauthorize EDA’s public works and economic adjustment programs in their negotiations with the House as part of the national defense authorization bill.
TBED CoP Webinar: Maximizing visibility: leveraging impact reports for TBED success
October 30, 3:00 p.m. EDT | Free
In today's competitive landscape, technology-based economic development (TBED) organizations need to effectively communicate their achievements and impact to secure crucial funding and support. This webinar will delve into how TBED organizations can strategically use impact reports as a powerful tool to capture the attention of media, funders, and other key stakeholders.
October 30, 3:00 p.m. EDT | Free
In today's competitive landscape, technology-based economic development (TBED) organizations need to effectively communicate their achievements and impact to secure crucial funding and support. This webinar will delve into how TBED organizations can strategically use impact reports as a powerful tool to capture the attention of media, funders, and other key stakeholders.